As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.
Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future.
We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.
Your Opportunity Starts Here.
Purpose Of The Role
The role supports the Team Head as the Subject Matter Expert on Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT), participating in Customer Due Diligence-related procedures, Enhanced Customer Due Diligence, new product approvals, and managing the Centre of Excellence team for batch name screening, as well as relevant training and projects.
What You Will Be Doing
- Act as a Subject Matter Expert on AML-related topics, providing advisory support to stakeholders as needed.
- Assist in reviewing AML/CFT related procedures to ensure they meet regulatory and Group requirements.
- Support the Enhanced Customer Due Diligence review, by conducting assessments and documentation on individuals, corporate and SME customers
- Participate in the New Product Approval process, assessing potential AML/CFT risks associated with new offerings.
- Collaborate with the Centre of Excellence team to ensure effective management of Name Screening alerts and related processes.
- Work closely with Business Units to facilitate the collection of data for regulatory and management reporting.
- Assist in managing AML/CFT related internal / external examinations / audits.
- Contribute to the development and delivery of AML/CFT training programs.
- Report AML/CFT related issues to management.
- Support AML/CFT related ad-hoc tasks and projects.
Who We Are Looking For
- A degree holder in Law, Finance, Accounting or relevant disciplines
- At least 6 years of experience in financial crime compliance, with experience in a leadership role within a banking or financial services environment.
- In-depth knowledge of AML, CFT, sanctions regimes, fraud prevention, and regulatory frameworks.
- Proven track record of developing and managing comprehensive financial crime compliance programs.
- Strong leadership skills with the ability to influence and collaborate across multiple stakeholders.
- Excellent analytical, communication, and problem-solving abilities.
- High level of integrity, professionalism, and commitment to ethical standards
- Excellent analytical, problem-solving, communication and presentation skills
- Ability to work independently and collaboratively as part of a team
- Strong attention to detail and organizational skills
- Proficiency in both written and spoken English.
- ECF in AML/CFT is preferred
Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.
Top Skills
What We Do
OCBC is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker. OCBC and its subsidiaries offer a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services. OCBC’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has more than 570 branches and representative offices in 19 countries and regions. These include about 300 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and over 90 branches and offices in Mainland China, Hong Kong SAR and Macau SAR under OCBC Wing Hang. OCBC’s private banking services are provided by its wholly-owned subsidiary Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals. OCBC's insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the largest private sector asset management companies in Southeast Asia.
